Dr. Mohammed Amin Adam, Minister for Finance, says Ghana’s debt restructuring sets new standards on the bond market for creditors and debts.? He said Ghana’s debt exchange entailed some non-financial clauses, which are becoming the new market standard on the bond market.? The minister said this at a press conference to announce the completion of […]
Day: October 4, 2024
Ghana to resume debt repayment in two weeks – Finance Minister
Ghana is set to resume the payment of debt it owes to Eurobond holders in about two weeks, having successfully completed its US$13 billion external debt exchange programme. Meanwhile, the repayment of debt owed to the Official Bilateral Creditors has been postponed to 2028, Dr Mohammed Amin Adam, Finance Minister, announced at a press in […]
UNFPA PBF project facilitates community peace action plans
The Upper West Regional Department of Gender has engaged some communities in the Region to develop community-specific action plans towards promoting peace and security in their communities. That was under the United Nations Population Fund’s (UNFPA) Peace Building Fund (PBF) project being implemented in border communities in two districts of the region. The communities were […]
African governments must build capacities of local people to tap oil and gas potentials – CEO
Madam Proscovia Nabbanja, the Chief Executive Officer (CEO) of Uganda National Oil Company, says it is critical for African governments to build the capacities of its people to create indigenous experts that can explore the continent’s rich oil and gas resources. She said Africa’s oil and gas resources presented significant opportunities for growth, however, countries […]
Mining sector contributions to nation’s GDP increase over GH?13 billion in 2022 – Bono Minister
The nation’s oil and gas sectors have grown significantly in recent years, as a pillar in the progressive growth and development of the economy, Madam Justina Owusu-Banahene, the Bono Regional Minister has said. For instance, she cited that while the mining sector’s contribution to the country’s Gross Domestic Product (GDP) declined from GH?11.449 billion in […]